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   Technology StocksAutodesk (ADSK), sales now increasing!


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From: occams_phasor5/23/2019 4:18:02 PM
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Surprised how little activity there is here.

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From: JakeStraw5/24/2019 8:19:15 AM
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Autodesk, Inc. Announces Fiscal 2020 First Quarter Results
investors.autodesk.com
Strong Growth Across All Regions; Momentum in Construction Drives Cloud ARR Up 164%

"We are off to a strong start in fiscal 2020 with billings and free cash flow coming in at or above expectations and great momentum across the entire business," said Andrew Anagnost, Autodesk president and CEO. "We are particularly pleased with the performance of our Construction portfolio, where we have started realizing both the sales and technology synergies we envisioned when we acquired PlanGrid and BuildingConnected. Overall, we are on track to achieve our fiscal 2020 ARR and free cash flow guidance and are reaffirming our fiscal 2023 targets."

"Our solid execution during the growth phase of the business model transition drove 33% ARR growth and enabled significant margin expansion," said Scott Herren, Autodesk CFO. "All product categories and geographies made solid contributions to our strong start in the first quarter, and market demand remains robust. Over the last 12 months, we have generated $550 million in free cash flow, positioning us well to hit our fiscal 2020 target of $1.35 billion."

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From: JakeStraw6/18/2019 8:40:56 AM
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Autodesk Introduces PlanGrid Advanced RFIs and Project Hub to Boost Project Visibility and Extend Workflows to the Field
investors.autodesk.com
"Construction is a massive logistical challenge involving hundreds of people, and the flow of information on a jobsite can sometimes be like a game of telephone. Crucial data can get lost as it travels, whether it's between the field and the office or between team members, and decisions then get bottlenecked," said Sameer Merchant, head of products, site construction, Autodesk Construction Solutions. "The innovations we're introducing today, Advanced RFIs and Project Hub, provide greater visibility across a project, boost collaboration and help teams move forward faster. By automating and streamlining the flow of data, Autodesk Construction Solutions is empowering the construction industry to make decisions more effectively and keep projects on track."

"On a typical project, we're managing vast quantities of information, and we need a way to make this information manageable and easily accessible. If my team doesn't have the insights we need, work stalls out and it can cause a domino effect on interrelated resources across the project," said Rob Winklepleck, General Manager, West Brothers Construction. "The new features in PlanGrid not only help speed up the building process but also show me exactly what needs to happen to move the project forward. My team is able to get a quick response to pressing issues, and I spend less time calling or walking back and forth from the trailer to the field to verify work."

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